DALLAS (Standard&Poor's) Aug. 23, 2010-- Standard&Poor's Ratings Services raised its long-term and underlying rating (SPUR) to 'AA' from 'AA-' on Jefferson Parish School Board, La.'s existing sales tax school bonds secured by a 1/4-cent and 1/2-cent sales tax. At the same time, Standard&Poor's assigned its 'AA' rating to the school board's series 2010 sales tax (1/4%) school building bonds. The outlook is stable. "The raised ratings are based on our view of the board's significantly strengthened coverage levels," said Standard&Poor's credit analyst Brian Marshall. "Further supporting the rating is the board's historically strong coverage coupled with no near term debt plans Management does not have any planned future debt plans. Jefferson Parish,
